Armstrong, who spent the past three seasons with the Nets before being cut by Golden State in training camp, was set to re-sign with New Jersey but failed his physical Monday, the Associated Press reports.

The Nets have to decide on October 31 whether they will pick up Armstrong's option for the 2004-05 season. Armstrong, who has a guaranteed contract for this season, has received praise from Coach Byron Scott this preseason, but may be shopping for a new team next summer, according to the Star Ledger.